DB:CQA2

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Century City International Holdings

Executive Summary

Century City International Holdings Limited, an investment holding company, engages in property development and investment, construction and building related, hotel ownership, hotel operation and management, asset management, financial assets investments, aircraft ownership and leasing, and other investment businesses.


Snowflake Analysis

Undervalued with acceptable track record.

Share Price & News

How has Century City International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CQA2 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.6%

CQA2

-2.4%

DE Hospitality

-0.6%

DE Market


1 Year Return

-39.2%

CQA2

-35.6%

DE Hospitality

3.0%

DE Market

Return vs Industry: CQA2 underperformed the German Hospitality industry which returned -34.9% over the past year.

Return vs Market: CQA2 underperformed the German Market which returned 2.5% over the past year.


Shareholder returns

CQA2IndustryMarket
7 Day3.6%-2.4%-0.6%
30 Day-7.4%-18.4%-0.1%
90 Day3.6%2.7%16.4%
1 Year-37.3%-39.2%-32.8%-35.6%5.2%3.0%
3 Year-36.6%-42.8%-50.4%-57.2%1.0%-6.9%
5 Year-21.2%-34.1%-50.4%-60.9%8.0%-6.4%

Price Volatility Vs. Market

How volatile is Century City International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Century City International Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CQA2 (€0.04) is trading below our estimate of fair value (€0.58)

Significantly Below Fair Value: CQA2 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CQA2 is good value based on its PE Ratio (10.7x) compared to the Hospitality industry average (20.5x).

PE vs Market: CQA2 is good value based on its PE Ratio (10.7x) compared to the German market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CQA2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CQA2 is good value based on its PB Ratio (0.1x) compared to the DE Hospitality industry average (2x).


Next Steps

Future Growth

How is Century City International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

114.7%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Century City International Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Century City International Holdings performed over the past 5 years?

5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CQA2 has a large one-off gain of HK$567.8M impacting its December 31 2019 financial results.

Growing Profit Margin: CQA2's current net profit margins (4.3%) are higher than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: CQA2's earnings have grown by 5.6% per year over the past 5 years.

Accelerating Growth: CQA2's earnings growth over the past year (0.08%) is below its 5-year average (5.6% per year).

Earnings vs Industry: CQA2 earnings growth over the past year (0.08%) exceeded the Hospitality industry -15.6%.


Return on Equity

High ROE: CQA2's Return on Equity (1.5%) is considered low.


Next Steps

Financial Health

How is Century City International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CQA2's short term assets (HK$15.5B) exceed its short term liabilities (HK$5.0B).

Long Term Liabilities: CQA2's short term assets (HK$15.5B) do not cover its long term liabilities (HK$20.1B).


Debt to Equity History and Analysis

Debt Level: CQA2's debt to equity ratio (94.2%) is considered high.

Reducing Debt: CQA2's debt to equity ratio has increased from 64.1% to 94.2% over the past 5 years.

Debt Coverage: CQA2's debt is not well covered by operating cash flow (3.8%).

Interest Coverage: CQA2's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Century City International Holdings's current dividend yield, its reliability and sustainability?

3.10%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CQA2's dividend (3.1%) is higher than the bottom 25% of dividend payers in the German market (1.25%).

High Dividend: CQA2's dividend (3.1%) is low compared to the top 25% of dividend payers in the German market (3.84%).


Stability and Growth of Payments

Stable Dividend: CQA2's dividend payments have been volatile in the past 10 years.

Growing Dividend: CQA2's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.1%), CQA2's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.5yrs

Average management tenure


CEO

Yuk Sui Lo (76yo)

13.5yrs

Tenure

HK$18,000,000

Compensation

Mr. Yuk Sui Lo has been the Chairman and Chief Executive Officer of Cosmopolitan International Holdings Ltd. since December 18, 2013. Mr. Lo has been Managing Director of Century City International Holding ...


CEO Compensation Analysis

Compensation vs Market: Yuk Sui's total compensation ($USD2.32M) is above average for companies of similar size in the German market ($USD781.18K).

Compensation vs Earnings: Yuk Sui's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Yuk Sui Lo
Chairman & CEO13.5yrsHK$18.00m58.68% HK$90.2m
Chun To Lo
Vice Chairman of the Board6.58yrsHK$6.86m0.0079% HK$12.1k
Po Man Lo
Vice Chairman of the Board6.58yrsHK$6.62m0.0035% HK$5.4k
Kwai Kai Ng
COO & Executive Director31.5yrsHK$4.62mno data
Tung Fan
Executive Director13.5yrsHK$4.16mno data
So Po Leung
Executive Director10.33yrsHK$3.01m0.00012% HK$184.4
Tze Wai Wan
Group Financial Controllerno datano datano data
Sau Lam
Company Secretaryno datano datano data

13.5yrs

Average Tenure

61yo

Average Age

Experienced Management: CQA2's management team is seasoned and experienced (13.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yuk Sui Lo
Chairman & CEO13.5yrsHK$18.00m58.68% HK$90.2m
Chun To Lo
Vice Chairman of the Board6.58yrsHK$6.86m0.0079% HK$12.1k
Po Man Lo
Vice Chairman of the Board6.58yrsHK$6.62m0.0035% HK$5.4k
Kwai Kai Ng
COO & Executive Director31.5yrsHK$4.62mno data
Tung Fan
Executive Director13.5yrsHK$4.16mno data
So Po Leung
Executive Director10.33yrsHK$3.01m0.00012% HK$184.4
Lai Him Shek
Independent Non-Executive Director of Paliburgno datano datano data
Anthony Chuang
Independent Non-Executive Director27.5yrsHK$350.00kno data
Winnie J. Ng
Independent Non-Executive Director2.5yrsHK$1.10mno data
Chi Keung Wong
Independent Non-Executive Director16.5yrsHK$1.15mno data

13.5yrs

Average Tenure

64yo

Average Age

Experienced Board: CQA2's board of directors are seasoned and experienced ( 13.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Century City International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Century City International Holdings Limited
  • Ticker: CQA2
  • Exchange: DB
  • Founded:
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: HK$1.346b
  • Listing Market Cap: HK$153.657m
  • Shares outstanding: 3.20b
  • Website: https://www.centurycity.com.hk

Number of Employees


Location

  • Century City International Holdings Limited
  • 68 Yee Wo Street
  • 11th Floor
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
355SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
CQA2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

Century City International Holdings Limited, an investment holding company, engages in property development and investment, construction and building related, hotel ownership, hotel operation and management, asset management, financial assets investments, aircraft ownership and leasing, and other investment businesses. The company’s Property Development and Investment segment develops and sells properties; leases properties; and provides estate agency services. Its Construction and Building Related Businesses segment is involved in construction works and building related businesses, including the provision of development consultancy and project management services, property management, security systems and products, and other software development and distribution services. The company’s Hotel Operation and Management and Hotel Ownership segment engages in hotel operations and providing hotel management services, and the ownership of hotel properties for rental. Its Asset Management segment offers asset management services to Regal REIT. The company’s Financial Assets Investments segment is involved in trading financial assets, and other financial assets investments. Its Aircraft Ownership and leasing segment owns and leases aircrafts. The company’s Others segment provides financing, housekeeping, logistics, and related services; sells food products; operates and manages restaurants; operates security storage lounges; and develops and distributes multimedia entertainment, and digital educational content, as well as multi-platform social games. It also offers mechanical and electrical engineering services; and nominee, secretarial, and management services. The company operates in Hong Kong, Mainland China, and internationally. Century City International Holdings Limited is headquartered in Causeway Bay, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/09 21:30
End of Day Share Price2020/07/09 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.